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Keyword: oil

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  • ‘Something’s Fishy’: Oil Speculation Skyrockets In State With ‘Very Little Oil’(NV)

    08/20/2017 9:53:51 AM PDT · by rktman · 16 replies ^ | 8/19/2017 | Tim Pearce
    Millions of acres worth of requests for oil speculation on federal lands were submitted in Nevada just years before former President Barack Obama designated two national monuments in the state, the Center for Biological Diversity (CBD) found Friday. Expression of Interest (EOI) documents are submitted to state Bureau of Land Management (BLM) agencies for any parcel of federal land that prospectors think may produce oil. The BLM is then required by law to study the area and decide whether it should be leased to an oil company for development. The Nevada EOIs are mostly worthless and a waste of taxpayer...
  • EXCLUSIVE: Anti-Trump AG Raked In Campaign Donations From An Oil Tycoon With Ties To Putin

    08/19/2017 2:42:45 PM PDT · by ForYourChildren · 18 replies
    The Daily Caller ^ | 08/19/2017 | Chris White
    One of the attorneys general who has sought probes against the Trump administration has accepted large individual campaign donations from an energy tycoon with connections to Russian President Vladimir Putin. New York Attorney General Eric Schneiderman has accepted more than $60,000 in small donations from Leonard Blavatnik, a Ukrainian-born energy billionaire with ties to Russian oligarchs, according to a Daily Caller News Foundation examination of the Democrat’s financial disclosure reports . Blavatnik plowed $25,000 into Schneiderman’s political war chest in January of 2017 – his generous contribution was one of the largest individual donations given to the New York Democrat...
  • What If Oil is the True Ideology of Boko Haram?

    08/18/2017 1:01:50 PM PDT · by nickcarraway · 2 replies
    This Day ^ | August 18, 2017
    Richards Murphy writes that Boko Haram is the brainchild of some powerful interests targeting the untapped natural resources in Northern NigeriaThe curse of natural resources is apparently real or more accurately, cursed interests in resource exploration are real. This evil often goes about masked as something less sinister. Take for instance the insanity that is todayÂ’s Afghanistan, which began in a fashion not too different from what Boko Haram is acting out in Nigeria today. Somewhere in the convoluted mix of transitions and mishmash of Mujahedeen, Taliban and al-Qaeda was UNOCAL, an oil multinational and its effort to construct pipelines...
  • Will Venezuela end up like Syria? (Thinks President Trump is part of the Deep State)

    08/13/2017 8:39:07 PM PDT · by 2ndDivisionVet · 11 replies
    The Malay Mail ^ | August 13, 2017 | Ronald Benjamin
    Would Venezuela end up being another Syria? It has been reported in the media, that President Trump is contemplating military intervention in Venezuela in the name growing humanitarian crisis.This sounds parallel to what happened in Syria in trying to save the civilian population, that ended up in supplying arms to rebels to topple president Assad and the war continues to this very day without concrete national solutions at sight. It is due to Russia’s backing of President Assad that has put the brakes on a full scale invasion of American forces. Millions of people have lost their lives from the...
  • Venezuelan Strongman Wants to Seize 2/3 of Neighboring Guyana

    08/08/2015 4:17:24 PM PDT · by GoneSalt · 49 replies
    The New American ^ | 8/7/2015 | Alex Newman
    Apparently all of that “anti-imperialist” rhetoric from Caracas was just a farce for public consumption. As Venezuela’s economy implodes amid skyrocketing inflation and crippling shortages of practically everything, Socialist strongman Nicolás Maduro (shown) has a new plan to prop up his imploding regime: annex two thirds of neighboring Guyana’s territory and almost one third of its population. The area eyed by Maduro’s autocracy is especially noteworthy now that potentially lucrative oil deposits have been discovered offshore. Unsurprisingly, a powerful alliance of the region’s socialist strongmen and their allies has sided with the regime in Venezuela. Talk of war is escalating....
  • Energy expert Daniel Fine examines Trump plan for U.S. energy ‘dominance’

    08/05/2017 9:54:34 PM PDT · by brownwill6767 · 5 replies
    The Trump administration has pushed an energy policy based on the notion of American self-sufficiency and energy “dominance.”
  • The Curious Case of Rainer Baake

    08/02/2017 7:21:14 AM PDT · by afraidfortherepublic · 3 replies
    The American Thinker ^ | 8-2-17 | David Archibald
    Are you worried about the Russian influence on the presidential election? If so, there's a chance you are at least eight years too late. Consider the curious case of Rainer Baake, born in 1955 in the West German town of Witten. From his German Wikipedia entry (translated): After the Abitur (final high school examinations), Rainer Baake worked as a Community Organizer in Chicago from 1974 to 1978. So a 19 year old German went from a small town in Germany to be a community organiser in Chicago for four years. This is as strange as a 19-year-old African-American would be...
  • News-For-Hire Scandal Deepens: ‘Fusion GPS’ Sleazy Venezuela Links Shed New Light on Trump Dossier

    07/30/2017 12:45:46 PM PDT · by Lorianne · 12 replies
    Tablet Magazine ^ | 27 July 2017 | Lee Smith
    The Fusion GPS news-for-hire scandal has not only led to the public identification of the source of the “Trump Dossier”—a for-profit company that provides opposition research to whoever could write big checks, which is staffed by four former Wall Street Journal reporters led by Glenn Simpson. The scandal has also lifted the lid off a sewer of corporate information warfare and opposition research that the flailing institutions of the mainstream press now regularly re-package as news, without ever saying where it came from—or who paid for it. While the idea that the products of paid opposition research are being main-lined...
  • Is The Mafia Helping ISIS Smuggle Oil Into Italy?

    08/01/2017 9:34:22 AM PDT · by bananaman22 · 4 replies ^ | 01-08-2017 | Irina
    The Italian mafia may have teamed up with the Islamic State to smuggle crude oil from the Middle East into Italy, an ongoing police investigation has suggested, according to The Times who cited a report by La Repubblica. The Italian daily noted that the police had found substantial amounts of Libyan and Syrian crude that were greater than some local refineries’ inventories, with sources connected with the investigation saying that crude, “should not have been there.” Yet the police have no evidence that the oil came from IS, or whether it came from another non-extremist group of traffickers, because the...
  • US Oil Rig Count Nearly Doubles in Last Year Thanks to President Trump

    07/31/2017 8:05:26 AM PDT · by davikkm · 14 replies
    One of President Trump’s first actions was an executive order advancing the construction of the Keystone XL and Dakota Access oil pipelines. There are now 958 active oil rigs operating in the US today. This is nearly twice as many as the 495 US rigs in operation last year during the Obama presidency. That means thousands of jobs generated in the energy sector since President Trump came into office.
  • Port Cameron to bring thousands of jobs to SWLA, generate millions for state (Louisiana)

    07/26/2017 5:52:13 PM PDT · by 2ndDivisionVet · 4 replies
    KPLC-TV ^ | July 26, 2017 | Christian Piekos, Anchor
    CAMERON PARISH, LA (KPLC) - The face of Cameron Parish will soon be changing. A massive, 500-acre port will be built over the next four years on the Calcasieu Ship Channel, creating close to 4,000 permanent jobs - doubling the employment in the parish. Peterson Offshore Group, a Dutch international energy logistics management company, signed a letter of intent Wednesday with Port Cameron to lease 1.2 million square feet in Part Cameron's Logistics Center. Peterson will co-manage the port. For Ted Falgout, executive director of Port Cameron, Cameron Parish is the perfect location for this project. "I think seeing these...
  • Daily OPEC Oil Prices Now Public For The First Time Ever

    07/21/2017 1:07:26 PM PDT · by bananaman22 · 6 replies ^ | 21-07-2017 | Josh
    Despite the oil industry being arguably the most vital and influential sector in the world, the average member of the public knows relatively little about its inner workings. Oil prices are possibly the most obvious example of this, with constant discussions over whether they will drop below $40 or if they are set to rise. What many investors are unaware of, however, is that there are over a thousand types of crude oil. This means that Western Canadian Select, currently trading at 37.27, is already below that much-hyped $40 mark, and while Brent oil prices fell nearly 50 cents on...
  • “Dirty, Difficult, And Dangerous”: Why Millennials Won’t Work In Oil

    07/20/2017 8:00:56 AM PDT · by bananaman22 · 40 replies ^ | 20-07-2017 | Para
    Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials. But unlike any other industry, oil and gas is facing more challenges in persuading the environmentally-conscious Millennials that oil is “cool”. During the Super Bowl earlier this year, the American Petroleum Institute (API) launched an ad geared toward Millennials, who now make up the largest generation in the U.S. labor force. “This ain’t your daddy’s oil”, the ad says, in what API described as “a modern look at how oil is integrated into products consumers...
  • Venezuela’s National Oil Company On Its Last Legs

    07/18/2017 10:27:56 AM PDT · by bananaman22 · 11 replies ^ | 18-07-2016 | Luis
    On Sunday 9th, 2017 Venezuela hit a hundred days of anti-dictatorial regime demonstrations. Hundreds of thousands of Venezuelans have taken over main streets and roads demanding a new presidential election, a humanitarian solution to counter food and medical supply shortages, the release of political prisoners and the reinstitution of the National Assembly’s functions. Since the protests started, more than one hundred people have been killed, 3,500 arrested and thousands injured across the country. This critical economic, political and social situation does not seem to have an easy solution. In Venezuela, 96 percent of foreign currency earnings come from oil industry,...
  • Two Bay Area counties sue oil companies over sea-rise

    07/17/2017 7:32:29 PM PDT · by artichokegrower · 34 replies
    San Jose Mercury ^ | July 17, 2017 | Richard Halstead
    Two Bay Area counties sued 37 oil, gas and coal companies Monday asserting the companies knew their fossil fuel products would cause sea level rise and coastal flooding but failed to reduce their greenhouse gas pollution. The lawsuit was part of a coordinated litigation attack by Marin, San Mateo County and the city of Imperial Beach.
  • “Mexico Oil Privatization Pays Off With Billion-Barrel Find”

    07/16/2017 10:11:12 PM PDT · by Ernest_at_the_Beach · 21 replies
    warrs up with that? ^ | July 12, 2017 | David Middleton
    Block among first awarded for private exploration in Mexico Premier Oil shares jump as much as 38% on Zama-1 well success Mexico’s decision to allow private companies to explore for oil and gas started to pay off after the discovery of at least a billion barrels in a new offshore field.A consortium of Premier Oil Plc, Sierra Oil & Gas S de RL de CVand Talos Energy LLC made the discovery in the shallow waters of the southern Gulf of Mexico just two years after winning the exploration license. It’s the first new find by a private company in the country...
  • Trump Administration Approves Eni Plan to Drill Offshore Alaska

    07/14/2017 9:38:22 AM PDT · by Oatka · 12 replies
    Reuters via gCaptain ^ | July 13, 2017 | Timothy Gardner
    By Timothy Gardner WASHINGTON, July 13 (Reuters) – Eni US will become the first energy company allowed to explore for oil in federal waters off Alaska since 2015 after the Trump administration this week approved a drilling plan on leases the company has been sitting on for 10 years. The Bureau of Ocean Energy Management approved the drilling plan of Eni US, a unit of Italy’s Eni on Wednesday as part of President Donald Trump’s plan to boost oil and gas drilling and make the country “energy dominant.”
  • Mexico Oil Privatization Pays Off With Billion-Barrel Find

    07/13/2017 8:07:05 PM PDT · by Oatka · 10 replies
    Bloomberg via gCaptain ^ | June 12, 2017 | Adam Williams and Angelina Rascouet
    <p>Bloomberg) — Mexico’s decision to allow private companies to explore for oil and gas started to pay off after the discovery of at least a billion barrels in a new offshore field.</p> <p>A consortium of Premier Oil Plc, Sierra Oil & Gas S de RL de CV and Talos Energy LLC made the discovery in the shallow waters of the southern Gulf of Mexico just two years after winning the exploration license. It’s the first new find by a private company in the country in almost 80 years, according to consultant Wood Mackenzie Ltd., possible only after the government ended the monopoly of state-run Petroleos Mexicanos.</p>
  • A Challenge to Energy Dominance: There’s No Free Market for Oil

    07/09/2017 5:27:33 AM PDT · by Kaslin · 19 replies ^ | July 9, 2017 | Ken Blackwell
    The U.S. shale industry is nothing if not resilient. OPEC—a cartel of petrostates holding the world’s largest and cheapest oil reserves—leverages state control over its oil resources to undermine America’s competitive producers. Thanks to its latest moves, the U.S. energy industry is again under pressure, reminding us that we must take stronger action to ensure our energy security and energy sovereignty. We can boost these efforts by forming an OPEC Commission, which will appoint a panel of experts to study OPEC’s impact on the U.S. economy and offer recommendations to the President and Congress to protect American interests. Thanks to...
  • Trump moves to open more public land to drilling in California

    07/06/2017 9:24:36 PM PDT · by thecodont · 32 replies
    San Francisco Chronicle / ^ | Updated 8:23 pm, Thursday, July 6, 2017 | By Kurtis Alexander
    The Trump administration forged ahead with its commitment to boosting domestic fossil fuel production Thursday, directing more public lands to be opened for oil and gas extraction — a move that could bring new drill rigs to California. The state hasn’t seen new onshore oil and gas leases offered up on federal land in four years because of environmental fights. The order signed by Interior Secretary Ryan Zinke on Thursday has some environmentalists fearing that de facto moratorium will soon end. At minimum, the administration’s action will intensify the push by energy companies to broaden drilling across California’s prime oil...